Auroma Newsletters

February 2004

AUROMA MARKET NEWS

FEBRUARY 2004

Welcome to the Auroma Market News Report for February.

The aim of this newsletter is to update you with the latest trends and availability of essential oils and  vegetable oils.

Essential Oil Status Report

Citronella Oil, the price has continued to weaken over the past few weeks.

Orange Oil Sweet, the price remains firm. The Brazilian crop is now believed to be lower than previously suggested, the current figure is 360 million boxes (some believe even lower). The price is believed to remain firm for sometime in the future. The

Florida crop is forecasted for production of 250 million boxes.

Grapefruit Oil, It has been reported that the concentrate market for this fruit is quite poor. Predictions are that the fruit processed this year will be greatly reduced.

Lime Oil, reports from Brazil suggest that one of the larger historical producers is not processing this season. In addition Peru is suggesting that its future crop will be reduced and their raw material costs have increased.

Cinnamon Leaf Oil Stockists in Europe and the U.S. are believed to only have a small amount of this oil.

Sage Oil, material appears to be short in the market, very difficult to locate.

Petitgrain Oil, this oil has good stocks of available from source.

Tea Tree, Demand for this oil remains good, increasing slightly.

Sandalwood Oil, we believe that the next Indian wood auction will be due shortly, however as there have been no auctions for nearly a year material remains in short supply.

Rosewood Oil, there has been an increase in demand for this oil over recent weeks and supply remains steady.

Vegetable Oil Status Report

The price of vegetable oils in general remains quite firm, however there are a few oils of interest at present.

Soyabean Oil, continued high demand from Asia ensures steady supply of this oil.

Olive Oil, the small stocks in Spain are creating shortages for the supply of the material. The situation appears only to worsen over the next few months until next year's crop.

Evening Primrose Oil, the crop has been reduced from last year's level in China.